1. The S&P 500 and NASDAQ 100 face critical resistance at the 200-day moving average and key Fibonacci retracement levels, signaling a pivotal market moment; 2. The NASDAQ 100 has repeatedly failed to breach the 200-day moving average, mirroring patterns seen during the 2022 bear market; 3. A sustained breakout above the 200-day moving average could avert a bear market, while failure may lead to significant declines.